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Asia Pacific Asthma Spacers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Aerochamber, Optichamber, Volumatic, and Inspirease) and Distribution Channel (Retail Pharmacy, Hospital Pharmacy, and E-Commerce)

Report Code :  BMIRE00025508
No. of Pages :  112
Published Month :  Aug 2022
Category :  Life Sciences
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The asthma spacers market in Asia Pacific is expected to grow from US$ 318.01 million in 2022 to US$ 444.91 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028.  

 

Rising awareness about asthma spacers is the major factor driving the Asia Pacific spacers market growth.  Inhaler spacers play a vital role in the quick and effective delivery of the inhaled drug into the lungs. Spacers are majorly recommended along with the metered dose inhalers as they have significant capacity to spray the medicine, which gets deposited in the throat or palate. Further, the spacers extensively offer improved ergonomics for the patient, enabling enhanced treatment outcomes.

 

The rapidly increasing prevalence of respiratory conditions is driving the adoption of inhalers. However, many patients lack preparedness while using inhalers, causing medication errors. For instance, according to a study published in the online newsletter Business Standard in 2019, an estimated 42% of the patients missed critical medication steps, which led to lowered treatment outcomes. Spacers can offer smooth and slower absorption of drugs in the lungs to deal with such issues. Such benefits served by the spacers offer significant market growth opportunities.  

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific asthma spacers market. The Asia Pacific asthma spacers market is expected to grow at a good CAGR during the forecast period.

 

Asia Pacific Asthma Spacers Market Revenue and Forecast to 2028 (US$ Million)

 

Asia Pacific Asthma Spacers Market Segmentation  

Asia Pacific asthma spacers market is segmented into product, distribution channel, and country. Based on product, the Asia Pacific asthma spacers market is segmented into aerochamber, optichamber, volumatic, and inspirease. In 2022, the aerochamber is expected to hold the largest market share and is expected to witness the highest CAGR from 2022 to 2028. Based on distribution channel, the Asia Pacific asthma spacers market is segmented into retail pharmacy, hospital pharmacy, and E-commerce. The retail pharmacy segment is expected to hold the largest share of the market in 2022. Based on country, the Asia Pacific asthma spacers market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held the largest market share in 2022.

 

Agaplastic, Cipla Inc., Koninklijke Philips N.V., Koo Medical Equipment, Laboratoire ProtecSom, Lupin, Metall Zug, Monaghan Medical Corporation, PARI GmbH, and Teleflex Incorporated are among the leading companies in the asthma spacers market in the region.

  1. Agaplastic
  2. Cipla Inc.
  3. Koninklijke Philips N.V.
  4. Koo Medical Equipment
  5. Laboratoire ProtecSom
  6. Lupin
  7. Metall Zug
  8. Monaghan Medical Corporation
  9. PARI GmbH
  10. Teleflex Incorporated
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific asthma spacers market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific asthma spacers market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the asthma spacers market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution